The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.

Performance was anchored by robust commercial services revenue growth of 32% in the first half, supported by record internal shop visit output and improved material availability.

The FLIGHT DECK operating system is driving significant lead time reductions, including a 60% reduction in production lead time for critical F110 engine components and a 50% reduction in CFM56 final assembly time.

Management attributed the 24% revenue increase to strong demand across both narrowbody and widebody platforms, with widebody deliveries led significantly by the GEnx engine.

Strategic investments in AI are acting as a force multiplier for operations, automating demand signals to suppliers and reducing processing time by nearly 90% across 190 parts.

The company is prioritizing customer 'time on wing' and 'cost of ownership' through the certification of the LEAP-1B durability kit, which is expected to deliver a twofold improvement in engine durability.

Market dynamics remain resilient despite flat first-half departures, with management observing no changes in customer behavior and expecting a return to modest departures growth in the second half.

Full-year 2026 guidance was raised across all metrics, with revenue now expected to grow high teens and operating profit projected between $10.55 billion and $10.75 billion.

Commercial services revenue growth was upgraded to low 20s, supported by a $170 billion services backlog and 95% visibility into third-quarter spare parts revenue.

LEAP engine deliveries are now expected to grow high teens for the full year, up from the previous 15% growth target.

Management anticipates LEAP services margins will reach parity with the total services portfolio by 2028 as the platform matures and external channel volume increases.

Free cash flow guidance was raised to $8.9 billion-$9.2 billion, reflecting higher earnings and improved working capital performance, though conversion is expected to normalize over time.

Spare parts delinquencies grew 20% sequentially in the second quarter, indicating that supply chain constraints remain a governor on meeting total market demand.

GE9X investments and initial high-cost unit shipments are expected to peak in terms of losses by 2028 before contributing to margin expansion.

The company reached a milestone of nearly zero grounded LEAP-powered aircraft due to engines, achieved through improved turnaround times and adequate spare engine coverage.

Defense backlog grew to over $30 billion, driven by next-gen technology milestones including the XA102 adaptive cycle engine and collaborative combat aircraft (CCA) products.

One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.

Management noted that while first-half departures were flattish, service orders remained robust and parked aircraft counts for the CFM56 have actually declined since March.

The second half guide assumes low double-digit services growth against very tough year-over-year comparisons from 2025.

Management clarified that while there are no major one-time items, the current 140% conversion is exceptional and should normalize as earnings grow.

The $9 billion+ cash flow target for 2026 already exceeds the original 2028 targets set a year ago.

Management emphasized that the current environment is a 'supply-side challenge' rather than a demand problem, with shop visits oversubscribed by 40% relative to the full-year guide.

Deep technical collaboration with suppliers like GKN is helping to 'bust bottlenecks' that previously constrained output.

The durability kit certification will not trigger an immediate acceleration of work; instead, retrofits will occur on a predictable multi-year schedule as engines reach their natural shop visit intervals.

Full fleet retrofit for both LEAP-1A and 1B is expected to continue into the early 2030s.